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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY)

Bear Market Rally (-75) - QQQY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QQQY as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QQQY?

MarketClub looks at technical strength and momentum to determine if the timing is right for QQQY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QQQY
Open High Low QQQY Price Change
31.9300 32.0598 31.8010 32.0500 -0.1600
Entry Signal

MarketClub’s Trade Triangles for QQQY

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 19.8000

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 34.6494

short term up The short-term trend has been UP since Dec 24th, 2024 at 32.0501

Smart Scan Analysis for QQQY

Based on our trend formula, QQQY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QQQY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.9300 32.0598 31.8010 32.0500 -0.1600
Prev. Close Volume Bid Ask Time
32.2100 104379 2024-12-26 15:07:05
52wk High54.952wk High Date2023-12-27
52wk Low31.452wk Low Date2024-12-20
Average Volume102,288
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